Nibulon secures $80 million loan

KIEV, UKRAINE — ING Bank N.V. (ING) and European Bank for Reconstruction and Development (EBRD) will provide a $80 million loan to Nibulon, a Ukrainian grain trading company.

The loan will be used to finance the Nibulon’s working capital needs associated with purchase of commodities in Ukraine and exports to the global market. The three-year loan gives Nibulon access to long-term liquidity and shows the interest of international banks in Nibulon, the company said.